NYC Pensions Are Sued for Shedding Fossil Fuels

Woman holding protest sign that reads, i want the children i spent my life teaching to actually have a future. please divest our pensions from fossil fuel companies - retired nyc teacher, uft

Monica Weiss attended her first fossil-fuel divestment protest on a frigid February day in 2015. She joined college students, financial experts, faith leaders, and then-New York City Public Advocate Letitia James in front of the New York Stock Exchange to demand that the cityโ€™s five public pension funds factor the financial risks of climate change […]

Why Exxon Is Suing Its Shareholders

Last month, ExxonMobil sued two of its โ€œactivist investorsโ€ โ€” groups that try to use shareholder resolutions to pressure companies into taking action on social and environmental problems โ€” in an attempt to block a proposal for the oil giant to limit its climate pollution from coming to a vote at an upcoming shareholder meeting. […]